Reinstalling Windows 7 After Replacing Motherboard?

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AbdullahG

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I will be replacing my PC's MoBo soon. My PC came with Windows 7 Home Premium 64-Bit. I want to upgrade the motherboard, but I heard that I will lose my OS. Is that true? If so, can I reinstall my OS (I have the product key, but no installation disk)? Will I lose my data as well?
 
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